Property Detail

824 Coronado

San Diego CA 92109

$7,499,000

Status: Active

Property Details

Description

Price improvement. The South Mission Bay Villas offer a rare opportunity to own bay front property in Mission Beach, San Diego, California. This property sits on two lots and can be utilized as a rental property. The property is currently used as a hybrid owner-user plus rental. The property can be operated immediately as a 9 month winter rental, and 3 month summer rental. The property can also be used as a vacation rental with proper documentation with the city. This unique property also presents itself as a prime development opportunity. With the ability to scrape the existing structures and build new condominiums, or keep the current structures in place and process with the department of real estate to sell individually as a TIC tenant in common ownership structure. Very few investment properties offer this range of investment alternatives and creative uses.

Map Location

Listing provided courtesy of Peter Hauser of NorthMarq Realty Services, Inc. Last updated 2024-10-17 08:11:31.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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